Oct Auto Update: Subprime Auto Shows Signs of Stabilization

dv01’s October Subprime Auto Performance Report is now available, and this month delivered some of the clearest signs of stabilization we’ve seen all year.

Quick Insights

• Subprime Auto outperformed Consumer Unsecured for the first time since mid-2023, even in a seasonally challenging month.

• Borrower resilience remains strong, with Cure and Made Payment rates surging and charge-offs continuing to lag impairment growth

• Loan-age dynamics point to improvement, with impairments flat to lower for 9–14-month-old loans for the third straight month, suggesting a firmer setup heading into 2026.